Givz, which has developed an API-powered platform that gives brands a way to convert discounts into donations, has raised $3 million in seed funding. Eniac and Accomplice co-led the financing for the New York-based startup. Additional investors include Supernode Ventures, Claude Wasserstein of Fine Day, Phoenix Club and Dylan Whitman. Givz was founded in 2017 […]
Extra Crunch roundup: Corp dev handbook, Chicago startups, Brazil’s e-commerce landscape
If you’re a founder who finds yourself in a meeting with a VC, try to remember two things — you’re the smartest person in the room, and investors are looking for a reason to say “yes.”
São Paulo’s QuintoAndar real estate platform raises $120M, now valued at $5.1B
Less than three months after announcing a $300 million Series E, Brazilian proptech QuintoAndar has raised an additional $120 million. New investors Greenoaks Capital and China’s Tencent co-led the round, which included participation from some existing backers as well. São Paulo-based QuintoAndar is now valued at $5.1 billion, up from $4 billion at the time […]
A VC shares 5 things no one told you about pitching VCs
The success of a fundraising process is entirely dependent on how well an entrepreneur can manage it. Here are five pointers that founders should consider while pitching to venture capitalists.
Aileen Lee and Guild Education’s Rachel Carlson will share how to get to yes on Extra Crunch Live
Aileen Lee is one of the most prestigious and successful venture capitalists of the past decade. Before starting her own firm in Cowboy Ventures, Lee was a partner at KPCB for more than 12 years. Her portfolio includes DocSend, Ironclad, Philz Coffee, StyleSeat and many, many more. So it should come as no surprise that […]
Fontinalis Partners, the early mobility-focused VC firm, rolls out a third fund
Fontinalis Partners, a 12-year-old, Detroit-based venture firm that was among the earliest early-stage venture outfits to focus squarely on mobility, has collected $104 million in capital commitments for its third and newest fund. Investors in the vehicle include Ford Motor Corp., whose executive chairman, Bill Ford, cofounded Fontinalis and continues to help manage the fund. […]
What is happening to risk-taking in venture capital?
The irony is that there’s never been a better time to be an inception investor given lower capital needs of getting from idea to Series A milestones.
One banks $40M to offer ‘all-in-one’ financial services to the middle class
One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B round of funding. Progressive Investment Company (the insurance giant’s investment arm) led the round, which included participation from Obvious Ventures, Foundation Capital, Core Innovation Capital and others. The financing brings […]
MobileCoin closes on $66 million in equity in Series B round
MobileCoin, a cryptocurrency business that counts founder Moxie Marlinspike of the encrypting messaging app Signal as its earliest technical advisor, has raised $66 million in Series B funding from a long list of investors, including Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, Marc Benioff’s TIME Ventures, Vy Capital, and earlier backers General Catalyst and […]
Felicis Ventures grows along with its returns, gathering up $900 million across two new funds
Fifteen years ago, Aydin Senkut, a former Google exec, was an outsider in venture circles that didn’t take seriously his ambitions to become a top VC. Now, his firm, Felicis Ventures, is announcing $900 million in capital commitments across two new funds — a $600 million early stage fund and a $300 million opportunities-type fund […]